Compensation Analyst II

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee regular compensation operations, which include reviewing authorized pay modifications, offer compensation, bonuses, allowances, and various compensation transactions in Workday and relevant HR systems.

• Organize annual compensation survey submissions by gathering and verifying employee compensation data, preparing files, tracking deadlines, and maintaining survey documentation.

• Generate routine and ad hoc compensation reports, employee data extracts, and analyses for Finance, business units, HR Business Partners, Talent Acquisition, and other relevant stakeholders.

• Assist in the annual merit, promotion, and STIP bonus planning cycles by organizing and reconciling employee data, confirming eligibility, auditing recommendations, tracking exceptions, and aiding in final payout validation.

• Conduct compensation data audits across Workday, ADP, and associated systems; identify and coordinate necessary corrections.

• Execute monthly minimum wage audits and monitor federal, state, and local wage updates.

• Manage job profiles, salary ranges, market comparisons, survey data, and compensation information within PayFactors and other systems.

• Perform market pricing and job benchmarking; analyze both internal and external salary information and assist in job evaluation, job architecture maintenance, and salary range recommendations.

• Oversee employee referral bonus distributions, cell phone allowance management, one-time compensation payments, and merit releases following leaves of absence.

• Develop and maintain compensation procedures, process documentation, reporting timelines, and audit evidence.

• Offer data and analytical support for compensation program evaluations, incentive plan management, policy execution, and leadership presentations.

• Address compensation inquiries and collaborate with business stakeholders, escalating complex issues and policy exceptions to the Director - Compensation.

• Recognize opportunities to enhance reporting, data validation, and compensation management processes.

• Execute other related responsibilities as assigned.

⛳️ Requirements

• A Bachelor's degree in Human Resources, Business, Finance, Accounting, Mathematics, or a related field is preferred; equivalent education and experience will be considered.

• A minimum of three years of pertinent compensation experience is required, including compensation analysis or administration.

• Familiarity with Workday HCM and Compensation is preferred; experience with Workday Advanced Compensation is advantageous.

• Experience with PayFactors/PayScale or similar market-pricing software is preferred; knowledge of ADP or various HR systems is beneficial.

• Experience in administering salary surveys and supporting annual merit or incentive planning cycles is preferred.

• Certification as a Certified Compensation Professional (CCP) or Global Remuneration Professional (GRP) is a plus but not mandatory.

• Proficiency in advanced Microsoft Excel, including pivot tables, lookup functions, complex formulas, data validation, and reconciliation of extensive datasets.

• Excellent analytical, organizational, and problem-solving abilities with an exceptional focus on detail and accuracy.

• Capability to manage recurring deadlines, multiple stakeholder requests, and confidential employee compensation information.

• Ability to identify data discrepancies and work effectively with HRIS, Payroll, Finance, and HR partners to resolve issues.

• Strong written and verbal communication skills with a robust service orientation.

• Working knowledge of compensation administration, market benchmarking, salary survey processes, and relevant wage and hour regulations.

• Ability to adhere to established controls and procedures, work independently, and escalate complex issues appropriately.

• Capacity to meet the physical demands of the role, including primarily seated work, extensive use of computers and telephones, occasional standing, walking, reaching, bending, and lifting up to 10 lbs.

🏝️ Benefits

• Bonus eligible based on individual and company performance.

• Medical, Dental, and Vision insurance.

• Employer Paid Basic Life Insurance and AD&D.

• Voluntary Life Insurance (Employee/Spouse/Child).

• Health Care and Dependent Care Flexible Spending Accounts.

• Pre-Tax and Post-Tax Commuter and Parking Benefits.

• 401(k) Retirement Savings Plan with Company Match.

• Paid Time Off.

• Paid Parental Leave.

• Short-Term and Long-Term Disability.

• Tuition Reimbursement.

• Employee Discounts (retail, hotel, food, restaurants, car rental, and much more!).

• Reasonable accommodations for qualified individuals with disabilities.